on Grid Metals Corp. (CVE:GRDM)
Grid Metals Files NI 43-101 Report for Falcon West Project
Grid Metals Corp. has submitted an independent technical report for its Falcon West Cesium Property, located in Manitoba, Canada. The report supports the Mineral Resource Estimate for the project and aligns with Canada's NI 43-101 standards. The estimate was completed by SGS Canada Inc. and highlights significant cesium resource potential.
The Lucy South deposit within Falcon West shows measured resources of 51,500 tonnes at 2.58% Cs2O. Additionally, it contains a higher-grade Pollucite Zone with 15,600 tonnes at 5.19% Cs2O. The deposit is expected to be the second largest in the western world under development.
Grid Metals and partner Avenir aim to establish a cesium operation leveraging this resource. Exploration efforts continue, with plans to expand resources and identify new pegmatites. Drilling is set to begin in January 2027.
R. P.
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